
Ulstein Group result 2025: Reports its strongest result since 2014
Ulstein Group recorded revenues of NOK 3.0 billion and an operating profit of NOK 219.2 million in 2025.
Turning visions into reality is our slogan and driving force. It motivates us to keep pushing for progress in the maritime industry.
Through our stories, you can learn more about how we work with our customers to achieve their visions.

Ulstein Group recorded revenues of NOK 3.0 billion and an operating profit of NOK 219.2 million in 2025.

Acta Marine has taken delivery of Acta Gemini, the third vessel in a series of four ULSTEIN SX216 Construction Service Operation Vessels (CSOVs) featuring the ULSTEIN TWIN X-STERN® design.

On Tuesday, 24 March, a large-scale rescue exercise was carried out off the coast of Lofoten, Norway, testing a new emergency towing system for ships. The cruise vessel MS Spitsbergen, with 150 passengers on board, the Norwegian Coast Guard vessel KV Barentshav, and the 330 Squadron’s SAR Queen rescue helicopter took part.

How can you be confident that a new vessel design will actually perform in rough seas and demanding operations? The answer lies in thorough verification, independent testing and documented performance. Recently, a new Ulstein design for a cable-laying vessel was tested in a large-scale ocean basin at SINTEF Ocean. The results delivered exactly what Ulstein seeks: confidence that the design performs as intended.

Ulsteinvik, Norway, 10 March 2026 – Jan De Nul has selected a customised vessel design from Ulstein Design & Solutions AS for its latest addition to its offshore fleet. The realisation of the trenching vessel marks a milestone in the collaboration between two leading maritime innovators. The vessel is scheduled for delivery in 2028. The basic design is based on a robust and globally proven subsea vessel design.

An expedition cruise takes you to the edges of the world, places that remain wild, remote and profoundly beautiful. As exploration gives way to evening, the transition back to the ship feels seamless, from raw landscapes to effortless luxury.

OMS Group, a leading provider of subsea digital infrastructure, has signed contracts with Ulstein, a world-renowned designer and builder of advanced offshore vessels, for the design and construction of two cable-laying vessels.

Acta Pegasus was delivered to Acta Marine in December 2025 by Tersan Shipyard. This vessel is the first of four newbuild Walk-to-Work (W2W) Construction Service Operation Vessels (CSOVs) designed by Ulstein Design & Solutions AS for Acta Marine.

Aurora Expeditions' Douglas Mawson was officially named in Sydney on 27 November 2025 before embarking on her inaugural trip to Tasmania. This milestone marks history as the first expedition vessel featuring Ulstein’s X-BOW® design to operate in Australian waters. More than a striking visual signature, this pioneering hull shape represents a breakthrough in maritime engineering.

At Ampelmann’s Walk-to-Work Conference in Rotterdam on 4 November 2025, Henrik Høidal, system architect at Ulstein Design & Solutions AS, delivered a presentation that sparked lively discussions about the future of offshore wind logistics. The topic was the SX250 vessel, a concept challenging today’s thinking on size and operational capability.

Aurora Expeditions welcomed its third ULSTEIN X-BOW cruise vessel, Douglas Mawson, in September 2025. “Many of our guests have travelled on other expedition ships before and immediately notice the difference. Whether it’s sleeping better at night, feeling less vibration during lectures, or spending more time in observation areas, the design truly enhances the experience,” says Katie Malone, Chief Marketing Officer at Aurora Expeditions, when commenting on the X-BOW design feature.

With the delivery of Douglas Mawson on 9 September 2025, the seventh vessel in the Infinity class for SunStone Ships, the proven ULSTEIN CX103 platform continues to demonstrate its strength. Built at the CMHI shipyard and chartered to Aurora Expeditions, the vessel is now ready to explore polar regions, remote coastlines, and global destinations.

Van Oord and Ulstein collaborate on a powerful newbuild set to enhance offshore installation capabilities.

The sea trial of the expedition cruise vessel, Douglas Mawson, was successfully completed on 2 July 2025. This significant milestone marks a step closer to the vessel's delivery in autumn 2025. The vessel was contracted by SunStone Ships and will be operated by Aurora Expeditions.

Ulstein Group recorded revenues of NOK 3.1 billion and an operating profit of NOK 198.8 million in 2024.